What Brokers Survived the Swiss?

Jan 18, 2015 at 08:48
Przeglądane 1,870
27 Replies
Uczestnik z Jan 24, 2015   3 postów
Jan 25, 2015 at 07:41
mavericks posted:


I do not get how you people from USA can trade without direct hedge. It is like going to fight with only one leg.


Dont you feel raped ?

Is there any way around it for you guys ?:)

Regards

M

It sucks pretty bad man. I'm curious to know if anyone won money at Oanda during the CHF crash? Lots of talk about clients not losing money, but I got hosed for several hundred dollars on slippage when the spread paused for a second before cruising to 5k from 150.

Being on the other side hurts as much, they cancel your sell stop and say give you an error that says 'quotes off'


Bought a couple hundred shares of FXCM and sold some coverered puts when the price was nearly bottomed. Been working pretty well so far, even when rumor came yesterday they were leaving USA. They say buy more on rumor :D
Uczestnik z Dec 10, 2014   107 postów
Feb 24, 2015 at 12:44
Cholipop posted:
 All the brokers who don't trade against their clients have survived. Remember a broker could not be force to be liquidated if they were not playing with the spread of their clients after they paused the trading.

You think that all the brokers that plays against of clients were died? If it would really happens, then IMO the list of brokers has to be cutted minimum on a half.

And about survivors: I am trading with gainsy. It's strange : they are too young but they are ok.
Let's make a profit)))
phoenixfxmanager
forex_trader_212313
Uczestnik z Oct 16, 2014   14 postów
Feb 24, 2015 at 13:58
mrtodd posted:
Specifically I'm looking for the strongest US broker in the aftermath of the Swiss bloodbath.

I'm sure others outside of the US would like to know what their best options are as well.

I personally trade with FXCM and heard that they received a $300 million cash infusion which has saved them for now but I'm not too confident in their long term health.

News?
Suggestions?

It depends on how much your initial investment is. In my case, 50k USD, I choose Saxobank with Saxotrader platform because I want to trade stock as well. In other case, if you focus only on FX trading, I suggest you should choose LMAX professional platform.
Uczestnik z Dec 10, 2014   107 postów
Feb 26, 2015 at 12:21
phoenixfxmanager posted:
mrtodd posted:
Specifically I'm looking for the strongest US broker in the aftermath of the Swiss bloodbath.

I'm sure others outside of the US would like to know what their best options are as well.

I personally trade with FXCM and heard that they received a $300 million cash infusion which has saved them for now but I'm not too confident in their long term health.

News?
Suggestions?

It depends on how much your initial investment is. In my case, 50k USD, I choose Saxobank with Saxotrader platform because I want to trade stock as well. In other case, if you focus only on FX trading, I suggest you should choose LMAX professional platform.

Right, as I know, Saxo is a good broker with good terms of trading - some of my friends traded with saxo. And I cannot say nothing about LMAX - nobody of us ever traded with them.
Let's make a profit)))
phoenixfxmanager
forex_trader_212313
Uczestnik z Oct 16, 2014   14 postów
Feb 26, 2015 at 15:02
VlasovTrend posted:
phoenixfxmanager posted:
mrtodd posted:
Specifically I'm looking for the strongest US broker in the aftermath of the Swiss bloodbath.

I'm sure others outside of the US would like to know what their best options are as well.

I personally trade with FXCM and heard that they received a $300 million cash infusion which has saved them for now but I'm not too confident in their long term health.

News?
Suggestions?

It depends on how much your initial investment is. In my case, 50k USD, I choose Saxobank with Saxotrader platform because I want to trade stock as well. In other case, if you focus only on FX trading, I suggest you should choose LMAX professional platform.

Right, as I know, Saxo is a good broker with good terms of trading - some of my friends traded with saxo. And I cannot say nothing about LMAX - nobody of us ever traded with them.

LMAX is a liquidity provider. They only work with high net worth individual, corporations, hedge funds, bank and broker. Exness chose them as a liquidity provider. My bank chooses them as a liquidity provider as well. LMAX provides interbank spread without commission. The retail forex broker often mark the spread up with some pips. So as a professional trader, I suggest traders should trade with them. Dukascopy is also a very good retail forex broker. You can start trading with as low as 100$.
Uczestnik z Dec 11, 2014   1 postów
Feb 27, 2015 at 07:35
The Rothchild so strikes again and again! Only those who respect the old rules survive..
Golden_Midas
forex_trader_234835
Uczestnik z Mar 04, 2015   61 postów
Mar 04, 2015 at 08:01
I traded with Alpari UK, hoping for stability of a UK company, but in the end the company did not lead me to profit after 'Swiss shock.' In different forums is 'allegedly' answers from representatives of the broker that the company pays income in the normal mode.
I am looking for a new broker.
Golden_Midas
forex_trader_234835
Uczestnik z Mar 04, 2015   61 postów
Mar 04, 2015 at 08:01
phoenixfxmanager posted:
VlasovTrend posted:
phoenixfxmanager posted:
mrtodd posted:
Specifically I'm looking for the strongest US broker in the aftermath of the Swiss bloodbath.

I'm sure others outside of the US would like to know what their best options are as well.

I personally trade with FXCM and heard that they received a $300 million cash infusion which has saved them for now but I'm not too confident in their long term health.

News?
Suggestions?

It depends on how much your initial investment is. In my case, 50k USD, I choose Saxobank with Saxotrader platform because I want to trade stock as well. In other case, if you focus only on FX trading, I suggest you should choose LMAX professional platform.

Right, as I know, Saxo is a good broker with good terms of trading - some of my friends traded with saxo. And I cannot say nothing about LMAX - nobody of us ever traded with them.

LMAX is a liquidity provider. They only work with high net worth individual, corporations, hedge funds, bank and broker. Exness chose them as a liquidity provider. My bank chooses them as a liquidity provider as well. LMAX provides interbank spread without commission. The retail forex broker often mark the spread up with some pips. So as a professional trader, I suggest traders should trade with them. Dukascopy is also a very good retail forex broker. You can start trading with as low as 100$.

Useful information, thank you.
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